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On Stable Growth and Equilibrium

100%

Panek E.

Ekonomista

2005

nr 1

9-26

The contemporary criticism of general equilibrium theory is usually focused on commonly taken assumption of stationarity of the Walrasian economic system. Despite the efforts to get out of the static Walrasian equilibrium the studies predominantly ended up with stability playing the secondary role in confrontation with the notion of equilibrium. The article demonstrates, on the basis of a generalized Walrasian system, that stationarity does not constitute the necessary condition for a stable economic growth.

MATHEMATICS ON MICROECONOMICS SERVICES (Matematyka na uslugach mikroekonomii)

100%

Malaga K.

Didactics of Mathematics

2010

nr 7(10)

93-108

The aim of the article1 is to display the author‘s opinion on the need of changes in the way of thinking about mathematics application in economics regarding both existing conditions and new challenges in teaching process undertook in Polish universities of economics for Bachelor, Master and PhD degrees. In the first part the basic fields of economics-mathematics knowledge are stated: econometrics, mathematical economics and operations research. They all constitute the frames for contemporary applications of mathematics in economics. In the second part it is a question of applying mathematics in micro-economics. There are introduced the main handbooks on micro-economics available in Poland. What is more, the author‘s didactical offer is presented in this part (Malaga 2010). It is an attempt of harmonious connection of knowledge on micro-economics, linear algebra, mathematical analysis and the basics of mathematical economics. In the third part there are presented ten critical remarks on organization of the teaching process undertook in the range of three degrees studies on economics considering the role of mathematics. In the conclusion there has been assumed a postulate on need of separating, during the three degrees studies, two parallel paths of teaching: theoretical one, enabling gaining interdisciplinary competence, essential for providing scientific research satisfying the highest world standards; and practical one, directed to the needs of contemporary labor market.

FORMALIZOVANÝ MODEL TRANZITÍVNEJ EKONOMIKY SLOVENSKA

100%

Luptáčik M. , Ďuráš J. , Hrivnáková J. , Kvetan V. , Ondko P. , Pálenik V.

Ekonomický časopis (Journal of Economics)

2005

tom 53

nr 1

33-48

This paper describes behavior of Slovak economy during transformation process using tools of mathematical economy. As a base the IS-LM model for open economy is taken which is further modified to meet specifics of small open economy. The transition process of Slovak economy is divided into three periods and for each one modification of general model is used. The results prove that Slovak economy started with behavior considerably different from the one described by standard model, but it was moving closer to it as the transition process continued.